SPACs Expected to Help Singapore Break Driest IPO Spell in Years: Report

Blank-check companies could revive Singapore’s languishing market for IPOs as stock exchanges from Mumbai to Seoul profit from blockbuster deals, Bloomberg reports.

Singapore Exchange Ltd. last week presented rules for the listing of SPACs as it attempts to get a slice of what has become a worldwide frenzy. It is allowing SPACs to list under a rulebook that is more lenient than initially envisioned and more in line with the framework in the U.S. Read more.

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